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Eugene: The alt season may be the weakest in history, with the market taking a defensive stance in August.
According to HaShi Chain News, cryptocurrency trader Eugene (0xENAS) has stated that he has exited most of his long positions and adopted a defensive stance. Although ETH prices have risen, they have not generated a significant wealth effect, so he recommends continuing to focus on ETH investments. This "alt season" may be the weakest one in history, with institutional investors becoming the main buying force, while funds have not flowed back into the altcoin market.
$ETH #Cryptocurrency # Blockchain #Ethereum # CryptoMarket #BitGo